Published On: Fri, Oct 5th, 2018

India rupee CRISIS: Rupee TUMBLES to new low as RBI holds interest rates in shock move

THE Indian financial crisis deepened today as the rupee plunged to a record low against the US dollar after the Reserve Bank of India held interest rates. Analysts were shocked by the move from the RBI today after expecting a rate increase to tackle soaring oil prices and market instability.
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